The third meeting of the Consultative Council on the project South Gas Corridor started in Baku, according to novinite.bg.

Representatives of the European Commission, Georgia, Turkey, Albania, Bulgaria, Montenegro, Croatia, Italy and Greece will discuss the prospects for transporting 10 billion cubic metres of Azerbaijani gas from the Caspian region to Europe.

The last two meetings of the Consultative Council were held in 2015 and 2016.

Initially, approximately 10 billion cubic meters (bcm) of gas will flow along this route when it opens in 2019/2020. Given the potential supplies from the Caspian Region, the Middle East, and the East Mediterranean however, the EU aims to increase this to 80 to 100 bcm of gas per year in the future.